From Crypto Miner to AI Cloud Powerhouse: Coreweave Expands Aggressively
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Coreweave has transformed from a crypto-mining operation into a key AI cloud provider, partnering with Microsoft, OpenAI, Nvidia, and Meta. After its IPO, the company has acquired platforms like Weights and Balances, OpenPipe, Marimo, and Monolith, while planning expansions into federal markets.
CEO Michael Intrator frames these moves as part of a disruptive strategy to redefine cloud infrastructure, borrowing against its Nvidia GPU collection to fund growth — a bold approach drawing both praise and skepticism from the market. -
CoreWeave’s pivot from mining to AI is one of the smartest moves in the industry.
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Aggressive expansion makes sense—AI compute demand is exploding.